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No win, no fee -- or just no fee!

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Waterwolf | 17:34 Fri 07th Dec 2001 | How it Works
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There are plenty of accident claims companies who offer 'no win, no fee' claims. But I've heard of a few that charge no fee, win or lose. So how do they make money if they don't charge?
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The catch is that you have to buy insurance which would cost you around (guesstimate) �100 or �200. If they lose, they get paid by the insurance company. The risk for you is that they might encourage you to pursue a bad case, as it is you who pays the insurance, they get their money either way but if you lose you have paid the insurance for nothing.

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